Select a company in your pathway (business) and select any two of the reports below:
1. performance reports
2. accounts receivable aging reports
3. accounts payable aging reports
4. capital expenditures budget
5. revenue budget
Requirements:
Describe the use of these budgeting reports and how each would serve as a guide for managers.
How does budgeting assist managers in making informed decisions related to the business?
Describe at least two types of budgeting tools that assist managers in adding value to the business?
